AUDNZD SET UP THAT EVERYONE IS TALKING ABOUT
This pair is on short long term however for swing traders, you have opportunity to go long at your precedence.
However note that the market has it's own mind and might not necessarily follow the swing patterns however the key to note with this pair is first of all it's bearish long term and it's a trend. Secondly the point C on my chart if the market respects the short-term long trend on H4 then we are set to go short at the last point C and light up the candles as we take in the pips. If it does not respect the bullish trend on H4 and breaks below it then we go short and continue the flow towards lower support lines. It's amazing what this pair can do on a trend.
Remember to manage your risk wisely at all times and to manage your expectations respectfully.
The most important thing in life is calculate your wins in a quantitative manner always.
All the best.
However note that the market has it's own mind and might not necessarily follow the swing patterns however the key to note with this pair is first of all it's bearish long term and it's a trend. Secondly the point C on my chart if the market respects the short-term long trend on H4 then we are set to go short at the last point C and light up the candles as we take in the pips. If it does not respect the bullish trend on H4 and breaks below it then we go short and continue the flow towards lower support lines. It's amazing what this pair can do on a trend.
Remember to manage your risk wisely at all times and to manage your expectations respectfully.
The most important thing in life is calculate your wins in a quantitative manner always.
All the best.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.